Funding arb · Price arb /

GRAM

all GRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.006%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days+0.031%+$3 · spread now +0.006%, 7d avg +0.030%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GRAMUSDT	1.4390	0.0100	pay 0.0050% / 4h	2h 17m	$20.3M	$27.5M	50x
Short	KuCoin GRAMUSDTM	1.4391	0.0100	get 0.0050% / 4h	2h 17m	$9.0M	$10.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.006%Rate

Funding earned: $0
Price spread: +0.006% → +0.030%: −$2.42
Slippage, 4 orders: −$43.37
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$67.79
Costs to cover: 0.654%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 9 min ago	3.49 bp	15.4 bp −$15	32.1 bp −$321	434.1 bp −$43.4K	doesn't fit
Sell KuCoin live order book, 6 min ago	3.49 bp	19.1 bp −$19	70.5 bp −$705	doesn't fit	doesn't fit

GRAM on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GRAM/USDC PERP	+0.0033%	1h	1.4490	+0.694%	$4K	$143K	12x	as long as short
Lighter GRAM	+0.0096%	1h	1.4400	+0.070%	$2.3M	$2.9M	20x	as long as short
Binance GRAMUSDTlong	+0.0100%	4h	1.4390	long leg	$20.3M	$27.5M	50x
Bybit GRAMUSDT	+0.0100%	4h	1.4396	+0.041%	$30.4M	$13.6M	50x	as long as short
OKX GRAM-USDT-SWAP	+0.0100%	4h	1.4390	−0.001%	$8.6M	$8.1M	50x	as long as short
Gate GRAM_USDT	+0.0100%	4h	1.4392	+0.013%	$3.6M	$3.5M	75x	as long as short
MEXC GRAM_USDT	+0.0100%	4h	1.4390	−0.001%	$16.7M	$2.7M	20x	as long as short
KuCoin GRAMUSDTMshort	+0.0100%	4h	1.4391	+0.006%	$9.0M	$10.2M	50x
Bitget GRAMUSDT	+0.0100%	4h	1.4393	+0.020%	$7.0M	$4.0M	50x	as long as short
edgeX GRAMUSDC	+0.0100%	4h	1.4351	−0.272%	$16K	$275K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni GRAMUSDT	+0.0100%	1h	1.4380	−0.070%	$14K	$617K	50x	as long as short
Orderly PERP_GRAM_USDC_mythos	+0.0100%	4h	1.4390	−0.001%	$2K	$1K	10x	as long as short
SunX GRAM-USDT	+0.0100%	4h	1.4407	+0.117%	$6K	$561K	10x	as long as short
HTX GRAM-USDT	+0.0100%	4h	1.4379	−0.077%	$330K	$584K	30x	as long as short
Phemex GRAMUSDT	+0.0100%	4h	1.4390	−0.001%	$1.6M	$1.8M	20x	as long as short
Paradex GRAM-USD-PERP	+0.0100%	8h	1.4389	−0.007%	$2K	$31	5x	as long as short
Extended GRAM-USD	+0.0104%	1h	1.4387	−0.019%	$168K	$123K	5x	as long as short
Aster GRAMUSDT	+0.0218%	4h	1.4392	+0.015%	$965K	$119K	50x	as long as short
BloFin GRAM-USDT	+0.0340%	4h	1.4350	−0.279%	$1.4M	$238K	50x	as long as short
Hyperliquid GRAM	+0.0388%	1h	1.4412	+0.152%	$35.5M	$7.6M	5x	as long as short
Backpack GRAM_USDC_PERP	+0.0395%	1h	1.4393	+0.020%	$53K	$16K	10x	as long as short